Is Dogecoin Price ATH Imminent? Here's What Needs to Happen First

Highlights

Macro-analysis of previous Bitcoin halving cycles shows that the Dogecoin price bull run could start in 39 days.
DOGE could surge 15,500% and reach $17.05 if history repeats itself.
Dogecoin active addresses soared to 133,880, the highest level in 8 months.

Since last weekend, the Dogecoin price bounced sharply from $0.103 to $0.114— a 13% increase. The bullish trajectory can be attributed to the market from geopolitical tension in the Middle East and surging on-chain activity. Will the renewed recovery momentum be sufficient to drive a rally to all time high (ATH), or could sellers plan another reversal?

Active Addresses Surge Could Trigger Dogecoin Price Rally

DOGE price is trading at $0.112, which represents a 0.2% increase in the last 24 hours and over a 39% surge since the August 5 crash. This uptick in Dogecoin price has been accompanied by a notable increase in active addresses, as data from Santiment shows. Dogecoin active addresses soared to 133,880, marking the highest level reached in over eight months.

doge

This surge in activity is often a bullish indicator, suggesting that more users are engaging with the network and also reflecting the growing interest and participation in the Dogecoin ecosystem.

DOGE Price Analysis: Can Dogecoin Hit $3?

Dogecoin price has shown resilience despite the broader market fluctuations. As of now, DOGE is trading around $0.115, and the increase in whale activity and large transactions indicates that institutional investors might be positioning themselves for a potential upside move.

However, DOGE price prediction shows several conditions must be met for DOGE to reach a new ATH, which currently stands at $0.73756.

The overall market sentiment needs to remain positive, with the Bitcoin price and other major crypto prices maintaining their upward trajectories.
Continued support from influential figures such as Elon Musk and social media buzz can play a crucial role in driving the DOGE price higher.
The bull run market kicks in, sending Dogecoin and the rest of the crypto asset prices skyrocketing.

Interestingly, analyzing the previous Bitcoin super cycles and Dogecoin performance following the halving event, it appears DOGE usually begins running shortly after the halving.

In the 2016 BTC halving, the Dogecoin price bull run began 238 days after halving, while after the 2020 Bitcoin halving, the meme coin waited 189 days before it began skyrocketing.

It’s 175 days after the 2024 halving, which puts the DOGE price right in the ballpark for a massive move. The average of the past two timelines is around 213 days. If we are to go by this number, it would mean the Dogecoin bull run starts in exactly 39 days (November 22, 2024).

While Dogecoin’s recent activity and price surge are promising, reaching a new ATH requires sustained momentum and favorable market conditions. Increased active addresses and large transactions are positive indicators. According to past Bitcoin halving data, Dogecoin could potentially rise above $2 and reach $3 under the right circumstances.

Frequently Asked Questions (FAQs)

1. What recent developments have influenced Dogecoin price?

Dogecoin has recently seen a significant surge in network activity, with active addresses reaching their highest level in over eight months.

2. How does historical data from Bitcoin halving events relate to Dogecoin price?

Historical analysis shows that Dogecoin often begins its price rallies after Bitcoin halving events. For instance, the Dogecoin bull run began 238 days after the 2016 halving and 189 days after the 2020 halving.

3. Could DOGE reach a new all-time high?

While Dogecoin's recent activity is encouraging, reaching a new all-time high of $0.73756 depends on positive market sentiment, support from influential figures, and a general bullish trend in the crypto market.

Trending
Price Analysis

Best Crypto Presales To Invest In September 2025 – Top Upcoming Presale Tokens

Best Crypto AI Trading Bots In 2025

Top Meme Coins To Buy In September 2025

Evans Karanja

Evans Karanja is a crypto analyst and journalist with a deep focus on blockchain technology, cryptocurrency, and the video gaming industry. His extensive experience includes collaborating with various startups to deliver insightful and high-quality analyses that resonate with their target audiences. As an avid crypto trader and investor, Evans is passionate about the transformative potential of blockchain across diverse sectors. Outside of his professional pursuits, he enjoys playing video games and exploring scenic waterfalls.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.